What exactly did Ethereum’s “Merge” merge? Don’t panic—the class study rep is here to explain:
According to Ethereum’s official documentation, the “Merge” reduced Ethereum’s energy consumption by about 99.95%.
Since miners no longer need to be paid mining rewards, the amount of new ETH issued has dropped significantly since the “Merge.”
This useful knowledge won’t make me rich overnight, but it can help me avoid a few pitfalls.
$ETH 2507.89 (+0.98%)
#ETH
According to Ethereum’s official documentation, the “Merge” reduced Ethereum’s energy consumption by about 99.95%.
Since miners no longer need to be paid mining rewards, the amount of new ETH issued has dropped significantly since the “Merge.”
This useful knowledge won’t make me rich overnight, but it can help me avoid a few pitfalls.
$ETH 2507.89 (+0.98%)
#ETH